NEW YORK: The Federal Reserve on Wednesday awarded $80.17 billion of one-day, fixed-rate reverse repurchase agreements to 39 bidders at an interest rate of 0.25 percent, the New York Fed said on its website.
On Tuesday, the US central bank allotted $66.88 billion in one-day reverse repos to 38 bidders, including Wall Street dealers, money market mutual funds and mortgage finance agencies, also at an interest rate of 0.25 percent.
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